49 North Resources (CVE:FNR) Sets New 12-Month Low – Should You Sell?

49 North Resources Inc. (CVE:FNRGet Free Report) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 54862 shares trading hands. The stock had previously closed at C$0.02.

49 North Resources Price Performance

The stock has a market capitalization of C$2.49 million, a PE ratio of -2.50 and a beta of 0.73. The company has a debt-to-equity ratio of 68.69, a current ratio of 0.92 and a quick ratio of 1.26. The stock’s fifty day moving average is C$0.02 and its 200-day moving average is C$0.02.

About 49 North Resources

(Get Free Report)

49 North Resources Inc is a venture capital firm specializing in seed capital and early stage investments. The firm typically invests in a diversified portfolio of common shares and other securities of resource issuers including all sectors of mineral exploration as well as oil and gas exploration and production around the globe.

Further Reading

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